IEC – Israel Electric Corporation new telecom company opportunity, FTTH – a fiber-optics telecommunications network to the home infrastructure Project, 60% own by the investors and 40% by IEC, The new company established under the name IBC and under the commercial name UNLIMITED.

Rapac is part (7.5%) of a consortium with leading telecom companies‘ locally and internationally including CISCO.

A 30-year exclusivity to use the IEC network.

The partnership tag price is estimated at approx $300M.